Category: Coin/Crypto

Nasdaq’s Bitcoin Index is a Bigger Deal Than Investors Think: It Could Lead to Much Bigger Things

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According to cryptocurrency analyst Alex Ziupsnys, the introduction of the crypto indices of Nasdaq could lead to the approval of a wide range of investment vehicles in the long-term.The analyst  said: “NASDAQ to add a bitcoin index on its platform. They are reading the writing on the wall and don’t want to get left behind. There is no stopping this. Adoption happens gradually right in front of you, until you finally pause, look around, and bitcoin is the dominant asset…….

Source: Nasdaq’s Bitcoin Index is a Bigger Deal Than Investors Think: It Could Lead to Much Bigger Things

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JPMorgan Chase Launches Its Own Cryptocurrency: ‘JPM Coin’

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JPMorgan Chase, the largest U.S. bank (and the world’s sixth largest), has created its own cryptocurrency, a stablecoin called “JPM Coin.” According to CNBC, J.P. Morgan “moves more than $6 trillion around the world every day for corporations in its massive wholesale payments business,” and in a few months, it will start trials for use of this new cryptocurrency for instant settlement of payments between its clients. The report says that J.P. Morgan is for a future blockchain-powered world, but before that happens………..

Source: CryptoGlobe

Argentina and Paraguay Settle Export Deal in Bitcoin in Landmark Event

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Paraguay has reportedly recently paid for an Argentinian shipment worth little over $7,000 in bitcoin, the flagship cryptocurrency, in an apparent first for both countries. The deal was made as part of new program incentivizing small shipments. According to Cointelegraph en Español, Argentina sold Paraguay pesticides and fumigation products, and paid for the products in BTC, which was then converted to Argentina’s fiat currency, the peso, to pay the agricultural chemicals’ exporter.

Source: https://www.cryptoglobe.com/latest/2019/02/argentina-and-paraguay-settle-export-deal-in-bitcoin-in-landmark-event/

Finablr’s UAE Exchange and Unimoni Go Live on Ripple Net for Cross-Border Remittances

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Ripple, the global blockchain-based cross-border remittance company, has been continuously making new partnerships in their effort to establish themselves as a leader in the global financial markets.To date, Ripple has already secured at least 200 partnerships with banks and financial firms around the world, and they are now beginning to see these partnerships come to fruition…………….

Source: Finablr’s UAE Exchange and Unimoni Go Live on Ripple Net for Cross-Border Remittances

Pay98 – Digital Payment Services Corporation

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We are the most trusted name in the digital currency space with the largest platform , boasting users in monthly transaction volume. We are the market leading brand with millions of people trusting us to operate on the highest standards in managing their assets securely. Our focus has always been on providing the most up to date and accurate information available. Today, we’re excited to introduce supported cryptocurrencies on our site.

We share the passion to code, create, and connect people to the future of finance. Together, we work hard, brainstorm nonstop, and brew endless coffee. We’re dedicated to leading research and thought leadership that helps us and others better understand how blockchain can impact the broader world. Join here…….

Bitcoin Bottom In? What Crypto Traders Can Expect After $10 Billion Surge Overnight

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On February 8, the crypto market experienced a strong $10 billion recovery from $111 billion to $121 billion, breaking out of a three-week stalemate. With an overnight price movement, the crypto market nearly fully recovered to January levels at around $130 billion……..

Source: Bitcoin Bottom In? What Crypto Traders Can Expect After $10 Billion Surge Overnight

Two Groups Have Dominated Cryptocurrency Hacks, Raking in $1 Billion: Chainalysis

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Blockchain analysis firm Chainalysis has disclosed that just two groups benefited from the majority of cryptocurrency hacks that have occurred to date. Per The Wall Street Journal, the two hacking groups could have obtained as much as $1 billion in cryptocurrencies. Since bitcoin came into being, over $1.7 billion worth of cryptocurrencies are estimated to have been stolen. According to Chainalysis’ chief economist, Philip Gradwell, the two hacking groups are most likely still active.

Source: Two Groups Have Dominated Cryptocurrency Hacks, Raking in $1 Billion: Chainalysis

Crypto Exchange Cryptopia Hacked, Suspends Trading, Reports ‘Significant Losses’

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On Tuesday (January 15th), New Zealand-based cryptocurrency exchange Cryptopia announced that on Monday it had “suffered a security breach which resulted in significant losses.”Cryptopia is a leading digital asset exchange in New Zealand with over two million users. At press time (10:15 UTC on January 15th), this was the image that greeted visitors to Cryptopia’s website:

Source: CryptoGlobe

First Yen-to-Bitcoin Stablecoin Approved for ‘Sandbox’ by Japanese Regulators

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A Japanese yen-backed stablecoin has been approved for test usage and licensing by the Japanese Financial Services Agency (FSA), in Japan’s so-called “sandbox” legal regime. The license will last for one year, and has the stated objectives of: [testing] and [validating] i) the secure transfer of crypto assets on a sidechain network and ii) the possibility of building a stable and healthy OTC market by improving transparency for the price-making process……….

Source: CryptoGlobe

Why BlocPal Is the Easiest Way to Accept Cryptocurrency – Global Coin Report

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The face of the retail industry is always changing. E-commerce is one of the fastest growing trends worldwide, and for good reasons. It’s convenient, secure, and is effective at connecting merchants with interested shoppers from across the world. For this reason, it’s no surprise that online shipping is expected to overtake brick-and-mortar stores globally by 2021, making it the world’s largest medium for retail. As the industry changes, it’s important for retailers to keep up with the latest technology so they’re able to accommodate more customers at once. This is where BlocPal comes in……….

Read more at http://globalcoinreport.com/why-blocpal-is-the-easiest-way-to-accept-cryptocurrency/

Source: Why BlocPal Is the Easiest Way to Accept Cryptocurrency – Global Coin Report